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South Cook News

Sunday, August 3, 2025

Former state school employee Jimenez paid in $211K to teachers' pension fund, could collect $4.6M in retirement

Money 06

Former state school employee Donna Jimenez, who retired in June 2018, saved $211,176 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Jimenez would collect as much as $4.6 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.

The projection assumes Jimenez received $96,673 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Jimenez will have already received $298,806 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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